2013-02-28T15:19:39-06:00 2012-08-31 351476702 BRADY WARE & SCHOENFELD INC ONE WOODSIDE DRIVE RICHMOND IN 47374 990 2011-09-01 352034336 FRANKLIN COUNTY COMMUNITY FOUNDATION INC FRAN 7656476810 527 MAIN STREET BROOKVILLE IN 47012 MICHELLE LUNSFORD 7656476810 2013-02-21 1 SUZANNE K MILLER P00452655 7659660531 2011 2016-03-07 17:11:31Z MICHELLE LUNSFORD 527 MAIN STREET BROOKVILLE IN 47012 1507597 0 X WWW.FRANKLINCOUNTYINDIANA.INFO X 1998 IN TO BUILD PERMANENT PARTNERSHIPS IN GIVING THAT EFFECTIVELY CONNECT DONORS & COMMUNITY PROJECTS TO PROMOTE ENRICHED FUTURES FOR FRANKLIN CO. CITIZENS. 13 13 4 35 0 0 398012 468127 0 0 153571 6503 -8257 -18687 543326 455943 295101 270234 0 0 111255 69506 0 0 24359 187823 200198 594179 539938 -50853 -83995 3103110 3019114 0 0 3103110 3019114 TO BUILD PERMANENT PARTNERSHIPS IN GIVING THAT EFFECTIVELY CONNECT DONORS & COMMUNITY PROJECTS TO PROMOTE ENRICHED FUTURES FOR FRANKLIN CO. CITIZENS. 0 0 471710 270234 5377 COMMUNITY GRANTS AND COLLEGE SCHOLARSHIPS FOR FRANKLIN COUNTY STUDENTS. 49 SCHOLARSHIPS TO STUDENTS AND 47 GRANTS TO NON-PROFIT ORGANIZATIONS WERE DISTRIBUTED 471710 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 4 1 0 0 0 0 0 1 1 0 0 X 13 13 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 IN X X MICHELLE LUNSFORD 7656476810 527 MAIN STREET BROOKVILLE IN 47012 DAVE COOK 1.00 X 0 0 0 CRYSTAL STUCKEY 1.00 X X 0 0 0 DR MIKE FAIN 1.00 X 0 0 0 RONALD RAVER 1.00 X X 0 0 0 MARK OGLESBY 1.00 X 0 0 0 KATHY ORSCHELL 1.00 X 0 0 0 DENNIS BRACK 1.00 X 0 0 0 ANDREA WHITE 1.00 X 0 0 0 MARILYN ROBERTS 1.00 X X 0 0 0 PATTI WILHELM 1.00 X 0 0 0 GREG MEIER 1.00 X X 0 0 0 DENNIS FRITZ 1.00 X 0 0 0 PAUL MOSTER 1.00 X 0 0 0 MICHELLE LUNSFORD 40.00 X 36100 0 0 36100 0 0 0 0 0 0 0 33566 121062 313499 468127 83100 83100 9100 0 9100 9100 9100 866741 943338 -76597 -76597 -76597 50095 33566 93330 -43235 -43235 25057 14986 10071 10071 MISCELLANEOUS 900099 5377 5377 5377 455943 5377 0 -17561 237629 237629 32605 32605 36100 16245 7220 12635 28510 16797 11713 4896 2504 1435 957 9600 9600 19614 19614 16310 7310 5274 3726 7695 4617 1539 1539 573 343 115 115 2579 1547 516 516 11141 6685 2228 2228 2679 782 1637 260 PASS THRU EXPENSES - ST 121062 121062 OFFICE EXPENSES 7942 3970 1589 2383 DUES AND SUBSCRIPTIONS 1003 1003 539938 471710 43869 24359 69365 213314 696697 132779 345079 96199 260021 248880 2077027 2424141 3103110 3019114 0 0 X 1446512 1468138 763077 586030 893521 964946 3103110 3019114 3103110 3019114 -83995 0 X X 0 1 1 X 0 X 349929 239201 276418 369790 468127 1703465 349929 239201 276418 369790 468127 1703465 1703465 92528 55426 73934 89479 83100 394467 2555 3913 4314 4882 5377 21041 2118973 38300 0.80390 0.78840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9 8731 10870 227235 1 1 2074146 103391 -17754 55120 22407 2082166 1903865 135083 106026 49880 20948 2074146 1740241 99228 82212 440 17376 1903865 1832526 70945 -145920 2470 14840 1740241 0.31000 0.46000 0.23000 0 0 311478 70702 240776 33601 25497 8104 248880 455943 539938 -83995 -83995 557875 101669 101669 456206 -263 -263 455943 640888 101670 101670 539218 720 720 539938 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PRESERVE THE REAL PURCHASING POWER OF THE ASSETS, AND PROVIDE A GROWING STREAM OF INCOME TO BE MADE AVAILABLE FOR SPENDING AND KEEPING PACE WITH INFLATION, IN ORDER TO SUSTAIN THE OPERATIONS AND GRANT-MAKING CAPACITY OF THE FOUNDATION. THE FOUNDATION'S SPENDING AND INVESTMENT POLICIES WORK TOGETHER TO ACHIEVE THIS OBJECTIVE. THE INVESTMENT POLICY ESTABLISHES A RETURN OBJECTIVE THROUGH DIVERSIFICATION OF ASSET CLASSES. THE CURRENT LONG-TERM RETURN OBJECTIVE IS TO RETURN AN ANNUAL AVERAGE OF 3% TO 5%, NET OF INVESTMENT FEES, PLUS THE RATE OF INFLATION. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION HAS ADOPTED ACCOUNTING RULES THAT PRESCRIBE WHEN TO RECOGNIZE, AND HOW TO MEASURE THE FINANCIAL STATEMENT EFFECTS OF INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, ON ITS INCOME TAX RETURNS. THESE RULES REQUIRE MANAGEMENT TO EVALUATE THE LIKELIHOOD THAT, UPON EXAMINATION BY RELEVANT TAXING JURISDICTIONS, THOSE INCOME TAX POSITIONS WOULD BE SUSTAINED. BASED ON THAT EVALUATION, THE ORGANIZATION ONLY RECOGNIZES THE MAXIMUM BENEFIT OF EACH INCOME TAX POSITION THAT IS MORE THAN 50% LIKELY OF BEING SUSTAINED. TO THE EXTENT THAT ALL OR A PORTION OF THE BENEFITS OF AN INCOME TAX POSITION ARE NOT RECOGNIZED, A LIABILITY WOULD BE RECOGNIZED FOR THE UNRECOGNIZED BENEFITS, ALONG WITH ANY INTEREST AND PENALTIES THAT WOULD RESULT FROM DISALLOWANCE OF THE POSITION. SHOULD ANY SUCH PENALTIES AND INTEREST BE INCURRED, THEY WOULD BE RECOGNIZED AS OPERATING EXPENSES. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE ORGANIZATION'S EXEMPT STATUS IN JEOPARDY AS OF AUGUST 31, 2012. THE FEDERAL TAX RETURNS OF THE ORGANIZATION FOR 2008, 2009, AND 2010 ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITY, GENERALLY FOR THREE YEARS AFTER THE DUE DATE. PART XII, LINE 2D - OTHER ADJUSTMENTS: CANOE FESTIVAL EXPENSES 101,669. PART XII, LINE 4B - OTHER ADJUSTMENTS: FAS 136 FUND ACTIVITY -264. ROUNDING 1. PART XIII, LINE 2D - OTHER ADJUSTMENTS: CANOE FESTIVAL EXPENSES 101,669. ROUNDING 1. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FAS 136 FUND ACTIVITY 720. CANOE FESTIVAL 72907 29166 43741 86683 HUMANITARIAN DINNER 10754 4400 6354 6647 83661 33566 50095 93330 93330 -43235 25057 14000 700 286 0 25057 14000 700 286 14986 10071 IN 1 0 1 0 1.00000 MICHELLE LUNSFORD 527 MAIN STREET BROOKVILLE IN 47012 0 0 1 FRANKLIN COUNTY COMMUNITY SCHOOL CORP 1 WILDCAT LANE BROOKVILLE IN 47012 351092747 GOVERNMENTAL 86729 PROJECT LEAD THE WAY OLDENBURG ACADEMY 1 TWISTER CIRCLE OLDENBURG IN 47036 351816725 501 (C) (3) 50684 PROJECT LEAD THE WAY NATIONAL CENTER FOR COLLEGE COSTS 15 WEST FRANKLIN STREET GREENCASTLE IN 46135 352068979 4000 FAFSA DAYS FRANKLIN COUNTY COURTHOUSE 459 MAIN STREET BROOKVILLE IN 47012 356000146 GOVERNMENTAL 27666 HERO PARK GAZEBO TOWN OF BROOKVILLE 1020 FRANKLIN AVENUE BROOKVILLE IN 47012 356000963 GOVERNMENTAL 9465 TOWN BEAUTIFICATION UNION COUNTY SCHOOL 107 SOUTH LAYMAN STREET LIBERTY IN 47353 356007375 GOVERNMENTAL 10222 IPADS FRANKLIN COUNTY PUBLIC LIBRARY 919 MAIN STREET BROOKVILLE IN 47012 356000289 15000 COMPUTERS SCHOLARSHIPS 49 32605 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FOR SCHOLARSHIP'S AWARDED, THE STUDENTS ARE REQUIRED SIGN AND RETURN A STUDENT AGREEMENT FORM TO THE FOUNDATION. THIS FORM STATES THE FUND THAT THE SCHOLARSHIP IS AWARDED FROM AND THE AWARD AMOUNT. THE STUDENT HAS TO ACCEPT OR DECLINE THE AWARD ON THIS FORM. THEY ALSO GIVE THE FOUNDATION AUTHORIZATION TO RELEASE INFORMATION ABOUT THE SCHOLARSHIP TO THEIR SCHOOL AND THE MEDIA. THE STUDENT ALSO PROVIDES THE NAME OF THE COLLEGE OR UNIVERSITY THAT THEY ARE ATTENDING AND THEIR STUDY PLAN AND/OR MAJOR. THE STUDENT IS ALSO REQUIRED TO PRESENT PROOF OF ENROLLMENT FOR THE UPCOMING SEMESTER. AFTER PROOF IS RECEIVED, THE CHECK IS MAILED TO THE SCHOOL. FOR GRANT AWARDS, THE GRANTEES ARE REQUIRED TO FILL OUT AND SEND A TERMS OF GRANT AGREEMENT FORM TO THE FOUNDATION. THIS FORM STATES THE GRANT AMOUNT, THE GRANTEE AND THE PURPOSE OF THE GRANT. THE GRANTEE IS REQUIRED TO VERIFY PROJECT BEGIN DATE AND DATE THE GRANT FUNDS ARE NEEDED. TWO INDIVIDUALS ARE REQUIRED TO SIGN THE FORM. A CHECK AND THE GRANTEE FINAL REPORT FORM IS MAILED TO THE RECIPIENT BASED ON THE DATE THE FUNDS ARE NEEDED. AFTER THE PROJECT IS COMPLETE, THE GRANTEE FINAL REPORT FORM IS COMPLETED AND RETURNED TO THE FOUNDATION. THIS FORM REQUESTS ITEMIZED EXPENDITURES (INCLUDING RECEIPTS) REGARDING THE PROJECT. IT ALSO REQUESTS A BRIEF NARRATIVE AND PHOTOS OF THE COMPLETED PROJECT. THE GRANTEE IS QUESTIONED AS TO WHETHER THE ORIGINAL PROPOSAL GUIDELINES WERE FOLLOWED. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION SHALL BE THE PERSONS WHO FROM TIME TO TIME ARE THE DIRECTORS OF THE CORPORATION. A PERSON SHALL SERVE AS A MEMBER FOR THE SAME PERIOD AS HIS OR HER SERVICE AS A DIRECTOR. A PERSON WHO BECOMES A DIRECTOR SHALL AUTOMATICALLY BE A MEMBER, AND SUCH A PERSON WHO CEASES TO BE A DIRECTOR SHALL AUTOMATICALLY CEASE TO BE A MEMBER. EACH MEMBER OF THE CORPORATION SHALL BE ENTITLED TO ONE VOTE ON EACH ISSUE TO COME BEFORE A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CORPORATION SHALL BE THE PERSONS WHO FROM TIME TO TIME ARE THE DIRECTORS OF THE CORPORATION. A PERSON SHALL SERVE AS A MEMBER FOR THE SAME PERIOD AS HIS OR HER SERVICE AS A DIRECTOR. A PERSON WHO BECOMES A DIRECTOR SHALL AUTOMATICALLY BE A MEMBER, AND SUCH A PERSON WHO CEASES TO BE A DIRECTOR SHALL AUTOMATICALLY CEASE TO BE A MEMBER. EACH MEMBER OF THE CORPORATION SHALL BE ENTITLED TO ONE VOTE ON EACH ISSUE TO COME BEFORE A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE CORPORATION SHALL BE THE PERSONS WHO FROM TIME TO TIME ARE THE DIRECTORS OF THE CORPORATION. A PERSON SHALL SERVE AS A MEMBER FOR THE SAME PERIOD AS HIS OR HER SERVICE AS A DIRECTOR. A PERSON WHO BECOMES A DIRECTOR SHALL AUTOMATICALLY BE A MEMBER, AND SUCH A PERSON WHO CEASES TO BE A DIRECTOR SHALL AUTOMATICALLY CEASE TO BE A MEMBER. EACH MEMBER OF THE CORPORATION SHALL BE ENTITLED TO ONE VOTE ON EACH ISSUE TO COME BEFORE A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE IS AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE DISTRIBUTED TO THE BOARD BUT THERE WILL NOT BE A FORMAL REVIEW PROCESS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE ASKED TO FILL OUT AND SIGN AN ANNUAL STATEMENT OF CONFLICT OF INTEREST AND OTHER DISCLOSURES. DIRECTORS RECUSE THEMSELVES FROM DISCUSSION AND VOTING ON MATTERS WHERE THERE IS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR PERFORMANCE EVALUATION POLICY - IN ADDITION TO ONGOING MONITORING, THE EXECUTIVE COMMITTEE OF THE FRANKLIN COUNTY COMMUNITY FOUNDATION, INC. WILL PROVIDE A SPECIFIC OPPORTUNITY FOR THE EXECUTIVE DIRECTOR TO PRESENT A SELF-EVALUATION AND FOR THE EXECUTIVE COMMITTEE TO ORGANIZE THEIR EVALUATION OF THE EXECUTIVE DIRECTORS PERFORMANCE AND HAVE IT PRESENTED IN A FACE-TO-FACE DEBRIEFING WITH THE EXECUTIVE DIRECTOR. AT THIS TIME, THE EXECUTIVE COMMITTEE WILL PRESENT A RECOMMENDATION TO THE BOARD AND THEY WILL DETERMINE ANY SPECIFIC, PERSONAL PERFORMANCE GOALS FOR THE YEAR AHEAD. THE EXECUTIVE DIRECTORS COMPENSATION PACKAGE WILL ALSO BE REVIEWED DURING THIS PROCESS AND APPROVED BY THE BOARD USING APPROPRIATE SALARY COMPARISON DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S 990 IS AVAILABLE ON WWW.GUIDESTAR.ORG. OTHER DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 1 THE ORGANIZATION USES THE MODIFIED CASH METHOD OF ACCOUNTING. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE METHOD OF SELECTING THE INDEPENDENT AUDITOR OR IN THE OVERSIGHT OF THE AUDITOR.